This podcast by Yaro Starak on failure was interesting, the narrator talks about how he screwed multiple business ideas in a row:
- started an MP3 sharing site without considering the legal ramifications
- tried to take on gumtree without considering how he was actually going to get users
- started an English tutoring academy, taking out a 3 year lease, buying furniture and equipment, when he had no actual experience in English tutoring
Get it here:
https://s3.amazonaws.com/ejpodcast/ejpod...ailure.mp3
Original podcast page:
https://www.entrepreneurs-journey.com/21...e-podcast/
Overall, though, he puts a positive spin on his failures as they were essential in teaching him a lot of business lessons, and he never did get into a hole deep enough to not crawl out from. He makes the point that you shouldn't strictly see business as being a binary success/failure thing, but rather as a toy-like experience that eventually rewards experiment and enthusiasm.
- started an MP3 sharing site without considering the legal ramifications
- tried to take on gumtree without considering how he was actually going to get users
- started an English tutoring academy, taking out a 3 year lease, buying furniture and equipment, when he had no actual experience in English tutoring
Get it here:
https://s3.amazonaws.com/ejpodcast/ejpod...ailure.mp3
Original podcast page:
https://www.entrepreneurs-journey.com/21...e-podcast/
Overall, though, he puts a positive spin on his failures as they were essential in teaching him a lot of business lessons, and he never did get into a hole deep enough to not crawl out from. He makes the point that you shouldn't strictly see business as being a binary success/failure thing, but rather as a toy-like experience that eventually rewards experiment and enthusiasm.